Nadex vs Videforex

Nadex vs Videforex Comparison Table 2024
Nadex Videforex
4.3
3.4

Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app.

Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.

Customer Reviews
2
Bonus Offer
20% to 200% Deposit Bonus
Comment by Reviewer
"Nadex maintains its position as a top binary options exchange in the US, with robust licensing, competitive fees and a bespoke, feature-rich charting platform. The $10,000 free demo account and range of educational resources make it a particularly good pick for beginners." "Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts also remain higher than most alternatives climbing to 98%."
Pros
  • The broker's flagship terminal offers a decent range of charting features, including 25+ indicators and 20 drawing tools
  • There's a range of timeframes, from ticks to hours, that will suit both short and longer term strategies
  • Good educational resources are available in the Blog for those new to binary options trading
  • There's a free demo account for new users, with $10,000 virtual cash
  • Nadex maintains a high trust score thanks to its CFTC regulation
  • Videforex allows you to enter positions with just ¢0.01
  • You can easily mirror the trades of experienced investors with low fees
  • Traders can earn up to 98% payouts on 100+ assets with the broker’s binary options, which is in line with competing brands like IQCent
  • The firm facilitates both day trading and binary options which is great for those looking to diversify their portfolios
  • Videforex regularly runs trading contests, offering great practice opportunities and cash prizes to beginners and experienced traders
  • The support times are fast and reliable based on tests - few brokers offer 24/7 multi-lingual video support
  • Global clients can make free and fast transfers via a wide range of payment types, from credit cards to cryptocurrencies
Cons
  • There are limited payment methods supported compared to other brokers, with only transfers, checks and debit cards available
  • There is only a single platform option, with no third-party software like MT4 or MT5
  • The range of markets is very narrow, including 11 currency pairs and only 8 cryptos
  • Nadex doesn't offer any rebate schemes or perks for active trading
  • No MetaTrader 4 integration
  • The broker isn’t overseen by a trusted regulatory agency
  • US clients aren’t accepted due to legal restrictions
Instruments
Binary Options, Knock Outs™, Call Spreads Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$250 $250
Trading Platforms
  • Own
  • TradingView
Payment Methods
Minimum Trade
$1 $0.01
Regulator
CFTC
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
NadexGO Android
App Review

NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use. Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience.

Android App Rating
4.4
iOS App Rating
4.1
Auto Trading
Yes Yes
Copy Trading
No Yes
Copy Trading Platform
Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$10 $10
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • AUD
  • RUB
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades.
Leverage
1:500
FTSE Spread
Floating from 0.2
GBPUSD Spread
Floating from 0.1
Oil Spread
Floating from 0.05
Stocks Spread
NA
Forex Trading
Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex continues to offer a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly. Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout.
Forex App

NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

GBPUSD Spread
0.25 pips Var Floating from 0.1 pips
EURUSD Spread
0.25 pips Var Floating from 0.1 pips
EURGBP Spread
0.25 pips Var Floating from 0.1 pips
Assets
11 35
Cryptocurrency
Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token. Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.
Spread
Variable Floating
Coins
  • BTC
  • ETH
  • BTC
  • ETH
  • QUANT
  • UNI
  • SOL
  • BNB
  • DOGE
  • XRP
  • XMR
  • MATIC
  • USDT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Nadex offers real-time market action with short-term binary options trading. The range of markets is strong with just a $1 fixed fee per side, per contract. Nadex also offers ultra-short term binaries that expire after 5 seconds. Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus.
Payout
Exchange (See Full Review)% 98%
Expiry Times
5 seconds - 1 week 5 seconds - 1 month
Ladder Options
No No
Boundary Options
Yes No
More Comparisons
Nadex
vs
Videforex
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